Questions

Q:

Which tax causes a burden on the poorer section of the society?

A) Direct Tax B) Indirect Tax
C) Both Direct and Indirect Tax D) None of these
 
Answer & Explanation Answer: B) Indirect Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The change in the optimal quantity of a good when its price changes and the consumer’s income is adjusted so that she can just buy the bundle that she was buying before the price change is called?

A) Law of demand B) Substitution effect
C) Problem of choice D) Optimal choice
 
Answer & Explanation Answer: B) Substitution effect

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The collection of all possible combinations of the goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called the ____________ of the economy.

A) Resource Probability Set B) Production Probability Set
C) Resource Possibility Set D) Production Possibility Set
 
Answer & Explanation Answer: D) Production Possibility Set

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

__________ of an input is defined as the change in output per unit of change in the input when all other inputs are held constant.

A) Marginal product B) Production function
C) Total product D) Average product
 
Answer & Explanation Answer: A) Marginal product

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.


P: Therefore, these are products of the thinking by sages and not products of every man’s nature.
Q: A person’s behaviour evolves through conscious evolution.
R: When a potter pounds the clay and makes a vessel, it is the product of the artisan’s activity, not of his nature.
S: The sages observed activities and gathered ideas and thoughts, and thereafter introduced principles of propriety and righteousness and instituted laws and
systems.

A) PQRS B) PSQR
C) PRQS D) QRSP
 
Answer & Explanation Answer: D) QRSP

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Filed Under: English

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Q:

Dried fruit like raisins when soaked in water, bulge and get filled with water. What is the scientific reason that explains this daily life event?

 

A) Osmosis B) Active Transport
C) Diffusion D) Passive Transport
 
Answer & Explanation Answer: A) Osmosis

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Captain Manoj Kumar Pandey was awarded the Paramvir Chakra for his martyrdom at which of the following wars?

A) Indo-Pakistani War of 1965 B) Indo-Pakistani War of 1971
C) Kargil War of 1999 D) Indo-China War of 1962
 
Answer & Explanation Answer: C) Kargil War of 1999

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Accounting principles are generally based on

A) Convenience in recording B) Practicability
C) Subjectivity D) All of the above
 
Answer & Explanation Answer: B) Practicability

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Filed Under: Accounting and Finance
Exam Prep: Bank Exams

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